Technology: Important roles of technology in businesses
Greetings to you my dear friend. I am here today, to share with you the important of technology in business. A lot of businesses is adopting the use of technology whereas some are still doubting if there are to adopt technology or not.
The truth is that technology is a need today so it's no longer a want. Technology is something that the world cannot do without and it's of this reasons why I am here to share with you some important roles that technology plays in business.
Here are 4 important roles that technology play in business:
Technology Brings cryptocurrency into existence
Today the most powerful and trustworthy technology that we have is blockchain technology which has brings cryptocurrency that we are trading on today into being.
Today, with blockchain technology there are hundreds of crypto assets that are available for trading just like US dollar, pounds, Euro and many other currencies.
With the use of blockchain technology a lot of businesses can now make their transfer so easily with a safe and secure payment system which is digital asset.
With blockchain technology businesses no longer depends on banks for international transactions because their can now do it themselves through the use of blockchain technology.
Blockchain technology has some many dApps that is more of entertaining and well paying to not just business but individual as a whole.
Improve Communication
With technology, business communication has been increase because. Businesses no longer depends on intercom to pass their information to the society.
With the use of technology in business advertising is now done easy because businesses no longer go to radio and television station for advertising their products instead everything concerning adversting is now done online.
With technology business communication like conference meeting, discussion and many more other things can be done virtually instead of meeting physically.
One good thing about technology in business is that its saves time and energy in what human being are supposed to use 5hour and do and productivity is also increase which lead to more money.
With technology efficiency is improve
Technology helps improve business efficiency. With the use of technology like robotics and applied science that is program to do the work of human being a lot of businesses no longer depends on human effort to be active 24hours as a customer services representative.
Most businesses now make use of chatbots to attend to customers needs at a certain moment before human being can come in place. We can see how this type of technology called "Chatbots" now saves human time and energy.
Technology improve transactions
With technology the use of manual payments like going to the bank and send money to your clients or friends is no longer there. Businesses now make use of mobile banking, PayPal, cryptocurrency and many third party companies to perform transactions like paying for goods and services at the comfort of the business premises.
Conclusion
Technology is very important in both big and small business enterprises. Without technology in the world today there would have been a lot of suffer and losses in businesses. All thanks to God for the wisdom he gave to those that had created all the technologies we are using toy.
technology improves every day, tech is beyond us, it beyond people that created it, check china, you will be wowed with various technological advancement in business.
Thank you fur reading through my post.
It's always a pleasure
Hi @jasminemary it is true technology plays a role in business today, and it makes it easy to monitor your business for example your daily sales, stock taking, monitoring theft using CCTV camera etc. Thank you for enlightenment
Thank you so much for your contribution ma.